Growth Metrics

Victory Capital Holdings (VCTR) Invested Capital (2016 - 2026)

Victory Capital Holdings posted quarterly Invested Capital of $3.3 billion for Q1 2026, up 57.77% year-on-year from $2.1 billion in Q1 2025, and down 1.97% on a QoQ basis from $3.4 billion in Q4 2025.

Victory Capital Holdings (VCTR) has 11 years of Invested Capital data on file, last reported at $3.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 57.77% year-over-year to $3.3 billion; the trailing twelve-month figure through Mar 2026 stood at $3.3 billion (up 57.77% YoY), and the FY2025 full-year result was $3.4 billion, up 62.78% from the prior year.
  • Invested Capital for Q1 2026 stood at $3.3 billion, down from $3.4 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $3.4 billion in Q2 2025 and bottomed at $2.0 billion in Q2 2023.
  • The 5-year median for Invested Capital is $2.1 billion (2024), against an average of $2.4 billion.
  • The widest annual swing landed in 2023, when Invested Capital declined 1.08%; it then jumped 63.02% in 2025.
  • A 5-year view of Invested Capital shows it stood at $2.1 billion in 2022, then retreated by 0.42% to $2.0 billion in 2023, then gained by 2.12% to $2.1 billion in 2024, then surged by 62.78% to $3.4 billion in 2025, then declined by 1.97% to $3.3 billion in 2026.
  • The last three Invested Capital figures came in at $3.3 billion (Q1 2026), $3.4 billion (Q4 2025), and $3.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 69.22 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 8.37 Bn
3 Kkr 84.94 Bn 132.45 Bn - 30.50 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 8.59 Bn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 53.75 Bn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 8.75 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 12.99 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 12.75 Bn
10 Victory Capital Holdings 5.39 Bn 5.32 Bn - 3.33 Bn

Historic Data

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DateValue
Mar 31, 2026 3.33 Bn
Dec 31, 2025 3.39 Bn
Sep 30, 2025 3.37 Bn
Jun 30, 2025 3.43 Bn
Mar 31, 2025 2.11 Bn
Dec 31, 2024 2.09 Bn
Sep 30, 2024 2.16 Bn
Jun 30, 2024 2.10 Bn
Mar 31, 2024 2.07 Bn
Dec 31, 2023 2.04 Bn
Sep 30, 2023 2.06 Bn
Jun 30, 2023 2.03 Bn
Mar 31, 2023 2.03 Bn
Dec 31, 2022 2.05 Bn
Sep 30, 2022 2.07 Bn
Jun 30, 2022 2.06 Bn
Mar 31, 2022 2.05 Bn
Dec 31, 2021 2.06 Bn
Sep 30, 2021 1.50 Bn
Jun 30, 2021 1.48 Bn
Mar 31, 2021 1.49 Bn
Dec 31, 2020 1.48 Bn
Sep 30, 2020 1.48 Bn
Jun 30, 2020 1.47 Bn
Mar 31, 2020 1.47 Bn
Dec 31, 2019 1.46 Bn
Sep 30, 2019 1.51 Bn
Jun 30, 2019 766.95 Mn
Mar 31, 2019 739.49 Mn
Dec 31, 2018 724.41 Mn
Sep 30, 2018 710.28 Mn
Jun 30, 2018 708.65 Mn
Mar 31, 2018 709.26 Mn
Dec 31, 2017 714.41 Mn
Sep 30, 2017 231.88 Mn
Jun 30, 2017 219.87 Mn
Mar 31, 2017 218.87 Mn
Dec 31, 2016 749.53 Mn